The crypto market is ushering in a fascinating moment. From the implementation of compliance policies to institutional capital deployment, and to the confirmation of technical bottoms, multiple clues are pointing in the same direction—a new upward cycle is brewing.

Let's start with compliance. A leading compliant trading platform is set to enter the S&P 500 in 2025, becoming the first native crypto company to do so. This is not just a numerical leap but a shift in the industry's identity—from being questioned to being recognized, from the periphery to the center. During the same period, this platform completed the industry's largest merger and acquisition, with custody assets surpassing $300 billion, and obtained an EU MiCA license. The SEC has voluntarily dropped charges, and the Base network is accelerating decentralization—these all signal one message: the "mainstream army" of the crypto industry has set sail.

Next, the confirmation of the technical bottom. According to on-chain data analysis, the $80,000 price level in November last year marks the true bottom of this cycle. The profit-loss ratio of short-term holders has already hit a historical extreme; currently, it stands at only 0.45, perfectly mirroring the major bottoms of 2011, 2015, and 2022. There is a vast difference from the all-time high. In other words, the bottom features are now very clear—costs to bottom-fish are extremely low, while the upside potential remains open. $94,000 is just the appetizer; the real main rally has just begun.

Most convincingly, it’s the actual actions of large funds. A top global asset management firm withdrew over $660 million worth of BTC and ETH from exchanges in just two days, with BTC alone reaching 7,146 coins. This is not small change; it’s institutional whales voting with real money. They have quietly completed their deployment, and every large on-chain transfer is announcing the same message—professional funds are bottom-fishing.

These three lines converge to form a compelling story: the foundation for industry normalization is in place, the technical bottom has been confirmed, and institutional funds have entered early. Compliance implementation, heavy institutional holdings, and technical bottoms—these three logical resonances often produce the most powerful market reactions. Market sentiment is already beginning to stir, so are you still waiting and watching?

What are your expectations for BTC’s price this year? Feel free to share your thoughts in the comments.